Mary Fund Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE PURPOSE OF THE MARY FUND INC. IS TO DEVELOP FINANCE OWN LEASE AND MANAGE SAFE QUALITY AND PERMANENTLY AFFORDABLE HOUSING FOR LOW AND MODERATE INCOME FAMILIES AND INDIVIDUALS IN THE AREAS WE ARE OPERATING THROUGHOUT THE UNITED STATES. THE MARY FUND SEEKS TO TREAT AFFORDABLE HOUSING AS AN OPPORTUNITY TO ELEVATE THE LIVES NOT ONLY OF RESIDENTS OF PROPERTIES IT SERVES BUT THE COMMUNITIES IN WHICH THEY RESIDE. HOUSING COMMUNITIES NEED NOT ONLY BE PLACES OF DWELLING BUT THEY CAN BE LOCATIONS WHERE LIVES CAN BE RENEWED INNOVATION AND IMAGINATION CAN BE SPURRED AND PRIDE CAN BE INSTILLED.
- Income
- $157,200
- Spending
- $44,255
- Reserves
- 40.1 months of spending
- Largest source of income
- donations and private grants, 100%
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
This organization files the short tax form, which does not ask about boards, policies or audits. That is normal for a small charity and is not a mark against it.
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- SINCE 1979 THE MARY FUND INC. HAS PROVIDED DIRECT ASSISTANCE TO THOSE HELPING TO ALLEVIATE THE BURDENS OF LIFE AND THOSE OF FAMILIES. WE SEEK PRIMARILY TO ALLEVIATE THESE BURDENS BY THE CREATION OF OUTSTANDING HOUSING COMMUNITIES AND DO SO THROUGH THE FOLLOWING ACTIVITIES:1 IDENTIFY UNDERWRITE AND ACQUIRE NON-PROFIT HOUSING COMMUNITIES THROUGH THE UNITED STATES2 ETHICALLY MANAGE AND OPERATE THESE COMMUNITIES IN THE ABSENCE OF ANY DISCRIMINATION FAVORITISM SEXISM OR AGEISM WITH THE GOAL OF A TRULY EQUAL PLAYING FIELD FOR ALL3 AIM FOR THE LONG-TERM OWNERSHIP OF OUR COMMUNITIES WITH AN INTEGRATED SET OF ORGANIZING PRINCIPLES4 PROVIDE AS MANY OPPORTUNITIES OUTSIDE OF RESIDENCY AS CAN BE ACHIEVED FOR OUR TENANTS
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Worth knowing.
Status was revoked on May 15, 2016 for not filing returns for three years, and reinstated on May 15, 2016.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since May 2019.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.